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Beijing Capital Grand (HKSE:01329) Debt-to-EBITDA : 9.28 (As of Dec. 2023)


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What is Beijing Capital Grand Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Beijing Capital Grand's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,701 Mil. Beijing Capital Grand's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2,899 Mil. Beijing Capital Grand's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$496 Mil. Beijing Capital Grand's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 9.28.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Beijing Capital Grand's Debt-to-EBITDA or its related term are showing as below:

HKSE:01329' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.52   Med: 11.21   Max: 65.78
Current: 11.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Beijing Capital Grand was 65.78. The lowest was -8.52. And the median was 11.21.

HKSE:01329's Debt-to-EBITDA is ranked worse than
71.25% of 1266 companies
in the Real Estate industry
Industry Median: 5.745 vs HKSE:01329: 11.08

Beijing Capital Grand Debt-to-EBITDA Historical Data

The historical data trend for Beijing Capital Grand's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Beijing Capital Grand Debt-to-EBITDA Chart

Beijing Capital Grand Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.88 24.49 11.46 65.78 9.67

Beijing Capital Grand Semi-Annual Data
Mar14 Sep14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.75 82.63 -290.61 20.13 9.28

Competitive Comparison of Beijing Capital Grand's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Beijing Capital Grand's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Beijing Capital Grand's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Beijing Capital Grand's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Beijing Capital Grand's Debt-to-EBITDA falls into.



Beijing Capital Grand Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Beijing Capital Grand's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1700.991 + 2898.792) / 475.638
=9.67

Beijing Capital Grand's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1700.991 + 2898.792) / 495.828
=9.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2023) EBITDA data.


Beijing Capital Grand  (HKSE:01329) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Beijing Capital Grand Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Beijing Capital Grand's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Capital Grand (HKSE:01329) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 North 3rd Ring East Road, West Area, 7th Floor, Jing An Centre, Chaoyang District, Beijing, CHN
Beijing Capital Grand Ltd is a commercial property developer in China property market. It is engaged in the development of outlets-backed integrated property and commercial property development and operations. The company segments namely Property development, Investment property development and operation, Sale of merchandise inventories, and other segments. The segment of Investment property development and operation, which is the key revenue contributor, derives revenue from rental income.

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